Anonymous
13 March 2013 at 11:27

Cs executivr registration no.

SIR,
i have registered for CS executive on 5.3.2013 but no t able to get my registration no. online
plz tell me the steps for it.



Anonymous
13 March 2013 at 11:23

Paid up capital not received

A Private Limited Company is carrying on business for more than 8 months and on 31st march 2013, balance sheet is going to being prepared. There is query regarding that the authorised capital of company is one crore, and in MOA the 4 promoters subscribed that they will be bring up 25 lakhs each, but 2 of them did not bring the capital what are the consequences on the company and on director?
They do not want to do any legal proceeding on one another as they are brother



Anonymous
13 March 2013 at 11:14

Ca articleship

Dear Sir,

Now i am currently doing CA Articleship. Now i am going to join in B com Regular.

Is there any problem if i join in b com regular ( the college timings are not clashing)

Please kindly reply me.



Anonymous
13 March 2013 at 11:12

Gratuity

I worked in a company about 2 years only, and company paid Gratuity to LIC every year. Now i want to know that can i claim my gratuity amount as i worked only 2 years in organisation???
pls reply the procedure for same if it is possible to claim.



Anonymous
13 March 2013 at 11:12

Form 108

Sir,

I m student of PCC my articleship completed in April'11 but i have to drop study due to some reasons and now i want to submit form 108 and want to give further exam.i want to know that is there any problem to submit form 108 late.will institute accept my form or not?



Anonymous
13 March 2013 at 10:48

Change of the name of the company

Please let me know whether it is required to change the name of the Company in the following situation:

A Company was incorporated with the main objects related to health activities and it is also reflected in its name,now the company has changed its main object by inserting the main objects related to real estate, whether the Company is required to change its name?


Ramesh
13 March 2013 at 10:08

Deduction u/s. 80c - ulip

Hi Experts!

Please advise how deduction will be calculated u/s. 80C in case of ULIP. e.g. preimium towards ULIP p.a. is Rs. 10000/- and sum assured is Rs. 50000/-. Do we need to restrict the benefit up to 10% of assured value in case of ULIP? or it is applicable to life insurance policy only?

Thanks in advance.
Ramesh



Anonymous
13 March 2013 at 10:03

Income tax return

Hi,
I want to file ITR of my client who is contractor.He got payment for doing govt contract.Details is as beolw.
Income from govt contract :RS 2,96,610/-
Income from other contract: Rs 1,45240/
Total income:Rs.441850
Direct exp: Rs 3,11,130/-
Gross profit :Rs 130720/-
Indirect Exp: Rs 24078
Net profit Rs :Rs 1,06,642/-
We didn't maintain books of a/c
My query is Should i mention his income as Profession without books or
Presumptive profit u/s 44AD.
Plz guide me


Rajesh2345
13 March 2013 at 10:00

Query regarding double taxation

Dear Sir,

I have a query regarding Double taxation. I went to USA on L1 (Work permit visa).
I was in USA for 90 days so i am qualified as Resident indian as per Indian tax laws.

My company pays salary in india in 2 components, Basic and other pay.
While i was in US, Basic was paid in india and other pay was conveted in Dollars and paid in USA.
As per US tax rules, global pay is taxable so i had paid tax on the other pay component and Basic component which was paid in india.
For this (Basic was taxed in both countries) i am eligible to claim refund from US tax authorities as it is taxed in india as well as in US.

Now in India also i have to pay tax for Global income. Basic is paid in india which was taxed but the Other pay which was converted in dollers and paid in USA (also taxed in USA) is also taxed because it is part of global income.

Can i claim refund from Indian tax authorities for this double tax similar to US tax refund ?

Thanks


ANUBHAV
13 March 2013 at 09:54

Income tax case

MR. X Is Share Holder In XYZ Pvt. Ltd. & there Holding Is 30% & he is Also Partner in a Partnership Firm upto 50% Company gives Advance of Rs 150000 to Such Partnership Firm For The Purchase of Raw Material.
A.O. Make An Assessment & taxed it U/S 2 (22) (e) Deemed Dividend

Please Suggest me Relevant Case law against such assessment





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